Economy - Currency
  • Second West African regional central bank opens 2005
    07 november 2002 21:15:00
    Conakry- Guinea (PANA) -- Leaders of the proposed West African Monetary Zone (WAMZ) ended their fourth summit here Thursday resolved to put in place a regional central bank and a monetary union by mid 2005. Full text...

  • West African ministers to attend currency meeting
    05 november 2002 22:36:00
    Accra- Ghana (PANA) -- Finance, trade, foreign affairs, integration and co-operation ministers of the proposed West Africa Monetary Zone (WAMZ) meet Wednesday in Conakry, Guinea, to set a timetable for establishment of the zone. Full text...

  • Angola's Exchange Rates
    05 november 2002 09:09:00
    Luanda- Angola (PANA) -- The Angolan kwanza rates of exchange were obtained Monday as follows: Currency Purchase Sale British Pound 79. Full text...

  • Zambian Kwacha opens the week low
    04 november 2002 18:58:00
    Lusaka- Zambia (PANA) -- The Zambian Kwacha was Monday down to its lowest point in months, at 4,730 units to one US dollar. Full text...

  • Nigerian currency appreciates slightly against the dollar
    03 november 2002 16:05:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, appreciated slightly against the US dollar at the last auction conducted by the Central Bank of Nigeria (CBN) last week, closing at 126. Full text...

  • Zambian kwacha drops further against US dollar
    30 october 2002 16:43:00
    Lusaka- Zambia (PANA) -- Zambia's kwacha on Wednesday depreciated by 33 units to exchange at 4,633 units for one US dollar. Full text...

  • Increased dollar demand dips Uganda shilling
    26 october 2002 17:10:00
    Kampala- Uganda (PANA) -- High demand for the lowly supplied U. Full text...

  • Nigerian currency tumbles against US dollar
    26 october 2002 16:27:00
    Lagos- Nigeria (PANA) -- Nigeria's currency, the Naira, fell further against the US Dollar at the two auctions held under the Dutch Auction System of foreign exchange allocation this week. Full text...

  • Ugandan shilling continues depreciation against US dollar
    23 october 2002 11:56:00
    Kampala- Uganda (PANA) -- The Ugandan shilling has continued to fall against the US dollar, exchanging at 1,850 units to the American currency at the last Inter-bank session this week. Full text...

  • Angolan currency exchange rates
    22 october 2002 08:49:00
    Luanda- Angola (PANA) -- Here is Monday's exchange rate of the Angolan kwanza currency pitched against the world's main currencies: Currencies Purchase Sale British pound 77. Full text...

  • Nigerian currency slides further against US Dollar
    18 october 2002 15:35:00
    Lagos- Nigeria (PANA) -- Nigerian currency, the Naira, fell further against the US dollar at the two sessions under the Dutch Auction System (DAS) of foreign exchange allocation this week. Full text...

  • Nigerian currency rallies against US dollar
    06 october 2002 16:01:00
    Lagos- Nigeria (PANA) -- Nigeria's national currency, Naira, firmed up against the US dollar at the two auctions held under the Dutch Auction System of foreign exchange allocation last week, closing at 126 to the greenback at the last auction on Thursday. Full text...

  • Angola's exchange rates for the kwanza
    03 october 2002 20:05:00
    Luanda- Angola (PANA) -- Here are Thursday's exchange rates for the Angolan kwanza currency held against the world's main currencies as provided by the National Reserve Bank of Angola. Full text...

  • Zambian Kwacha depreciates under demand pressure
    03 october 2002 18:49:00
    Lusaka- Zambia (PANA) -- The Zambian Kwacha Thursday traded 4,540 to the US dollar after losing 30 units under demand pressure on the foreign exchange market. Full text...

  • Zambian govt rebuked over greenback threats
    28 september 2002 13:47:00
    Lusaka- Zambia (PANA) -- Businesspeople in Zambia are criticising authorities in the country for threats to close down companies quoting prices and service charges in US dollars instead of the Zambian kwacha. Full text...

  • Nigerian Naira gains on the greenback
    28 september 2002 13:28:00
    Lagos- Nigeria (PANA) -- Nigeria's local currency, the Naira, appreciated slightly on the US dollar at the two auctions held under the Dutch Auction System (DAS) of foreign exchange allocation during the week, closing at 126. Full text...

  • Zambian kwacha slumps against the greenback
    24 september 2002 14:08:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha has depreciated by ten units after a cache of US$1 million was sold by the Central Bank through its routine weekly auction, according to results released Tuesday. Full text...

  • Nigerian Naira appreciates against major currencies
    21 september 2002 16:57:00
    Lagos- Nigeria (PANA) -- The Naira appreciated against the US dollar at the last Dutch Auction System of foreign exchange allocation on Wednesday, trading at 126. Full text...

  • DR Congo franc depreciates amid rumours of new banknotes
    18 september 2002 22:23:00
    Kinshasa- DR Congo (PANA) -- The DR Congo franc (CF) has depreciated from 340 to 355 CF to the US dollar in the past week on the local exchange market, leading to a rise of consumer goods prices. Full text...

  • Zambian kwacha weakens under demand from importers
    18 september 2002 19:08:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha dipped to a low of 4,493 units to the US dollar Wednesday after weakening at the Central Bank dealing window where one million dollars was under auction. Full text...

  • Common currency for West Africa to remain a dream
    17 september 2002 16:17:00
    Accra- Ghana (PANA) -- The idea of West Africa taking a major step towards a common currency come next year will remain a dream, at least for now. Full text...

  • SPLM/A introduces currency for Southern Sudan
    12 september 2002 11:04:00
    Nairobi- Kenya (PANA) -- The Sudan People's Liberation Movement/Army (SPLM/A) has announced a separate currency for use in the southern part of the country, which is currently at war with the Islamic regime in Khartoum. Full text...

  • Nigerian naira in slight depreciation
    07 september 2002 13:37:00
    Lagos- Nigeria (PANA) -- Nigeria's local currency, the naira, suffered another depreciation against the US dollar at the two auctions held this week under the Dutch Auction System (DAS) of foreign exchange allocation. Full text...

  • Nigerian Naira depreciates slightly
    01 september 2002 16:33:00
    Lagos- Nigeria (PANA) -- The exchange rate of Nigeria's national currency, the Naira, suffered a slight depreciation at the Dutch Auction System of foreign exchange allocation last week, closing at 126 Naira to the US dollar against the previous week's 125 Naira to the greenback. Full text...

  • Pressure mounts on Gambia dalasis as commodities prices rise
    01 september 2002 11:18:00
    Banjul- Gambia (PANA) -- Gambia's currency, the dalasis, came under serious pressure at the weekend after it lost its value against the US dollar, British pound sterling and the West African CFA franc on the currency market. Full text...

  • Nigerian currency firms up against US dollar
    17 august 2002 13:59:00
    Lagos- Nigeria (PANA) -- The Naira exchange rate closed at 125 Naira to the dollar at the last trading held under the Dutch Auction System (DAS) of foreign exchange allocation to banks this week. Full text...

  • Takeoff of West African Monetary Zone to be delayed
    16 august 2002 16:11:00
    Lagos- Nigeria (PANA) -- The realisation of the West African Monetary Zone (WAMZ) will take longer than anticipated, according to the Director General of the West African Monetary Institute (WAMI), Michael Ojo. Full text...

  • Zambian kwacha depreciates marginally against the greenback
    15 august 2002 20:36:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha was marginally down on Thursday after the exchange rate shifted from 4,445 units to the US dollar to the level of 4,453 kwacha to the greenback. Full text...

  • ECOWAS monetary Union Summit for Conakry in October
    14 august 2002 21:01:00
    Dakar- Senegal (PANA) -- ECOWAS leaders will meet in Conakry, Guinea 14-18 October, to review the progress on the community's monetary union, ECOWAS Executive Secretary Mohamed Ibn Chambas disclosed in Dakar Wednesday. Full text...

  • Nigerian currency appreciates
    10 august 2002 15:29:00
    Lagos- Nigeria (PANA) -- The exchange rate of the Naira appreciated slightly at the last trading under the Dutch Auction System of foreign exchange allocation held this week, trading 124. Full text...

  • Zambian kwacha drops by 12.50 units against US dollar
    06 august 2002 12:47:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha was down by 12. Full text...

  • Angola's exchange rates for the kwanza currency
    05 august 2002 19:51:00
    Luanda- Angola (PANA) -- Here are Monday's rates of the Angolan kwanza as regards major world currencies, according to the National Reserve Bank: Currency Purchase Sale British Pound 70. Full text...

  • High forex demand puts Zambian kwacha under pressure
    13 june 2002 16:06:00
    Lusaka- Zambia (PANA) -- The Bank of Zambia must supply more hard currency on the money market to save the kwacha from hitting its all time low of 4,500 units to the US dollar soon, according to a forecast by Citibank here. Full text...

  • Zambian Kwacha under pressure from high export sector demands
    05 june 2002 17:42:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha was on Wednesday still reeling under a much higher exchange rate against the US dollar as a result of heightened demand for hard currency with which to bring in key supplies of maize and oil. Full text...

  • National currency depreciates against US dollar
    05 june 2002 16:43:00
    Lagos- Nigeria (PANA) -- Nigeria's national currency, the Naira, depreciated by 50 Kobo against the dollar at the formal Inter- bank Foreign Exchange Market (IFEM) in the last week of May 2002, the Central Bank of Nigeria (CBN) said. Full text...

  • South Africa's Rand improves dramatically against the Dollar
    29 may 2002 22:52:00
    Cape Town- South Africa (PANA) -- The South African Rand reached its highest level this year Wednesday morning when it traded at R9. Full text...

  • South African's space trip added lustre to rand, says Bank
    28 may 2002 23:23:00
    Johannesburg- South Africa (PANA) -- The South African rand's rise against the US dollar to levels last seen six months ago could be attributed, in part, to Cosmonaut Mark Shuttleworth's trip to outer space, says Reserve Bank governor Tito Mboweni. Full text...

  • Zambian kwacha under pressure of scarce forex
    28 may 2002 17:07:00
    Lusaka- Zambia (PANA) -- Zambia's kwacha was down by ten units at the start of business on Tuesday after it posted losses the previous day at the Bank of Zambia foreign exchange wholesale window. Full text...

  • Currency in circulation drops in Nigeria
    21 may 2002 18:10:00
    Lagos- Nigeria (PANA) -- Currency circulation in Nigeria dropped by 2. Full text...

  • South African currency braces up against US dollar
    17 may 2002 20:44:00
    Johannesburg- South Africa (PANA) -- South Africa's depreciating currency bounced back late Friday to 9. Full text...

  • Zambian Central Bank reduces supply to forex market
    30 april 2002 21:47:00
    Lusaka- Zambia (PANA) -- The Bank of Zambia's dealing window has seen a steady reduction in foreign exchange supply from 16. Full text...

  • Exchange rate for the Angolan Kwanza
    29 april 2002 21:59:00
    Luanda- Angola (PANA) -- Here is the exchange rate of the Angolan Kwanza against major world currencies on Monday: [ST] Currency Purchase Sale British Pound 55. Full text...

  • Zimbabwe rules out currency devaluation
    14 april 2002 16:25:00
    Harare- Zimbabwe (PANA) -- Zimbabwe Sunday ruled out devaluation of its currency, saying this could lead to a spiralling up of prices, especially of basic commodities. Full text...

  • ECOWAS Council reaffirms name of sub-regional currency
    12 april 2002 18:21:00
    Lagos- Nigeria (PANA) -- The Convergence Council for ECOWAS second Monetary Zone, has reaffirmed "ECO" as the name of the proposed single currency, to be adopted by the sub-region in 2004. Full text...

  • Franc Zone Finance ministers to meet 14 April
    10 april 2002 17:50:00
    Paris- France (PANA) -- Finance ministers from the Franc zone will meet on 14 April in Yaounde, a source said at the French ministry of Economy and Finance in Paris. Full text...

  • Africans adjusting to euro after some frustrations (Feature)
    10 april 2002 16:08:00
    Paris- France (PANA) -- Three months after launching the euro, the European Union single currency, the confusion over the use of the unfamiliar currency has eased somewhat but not entirely, according to African traders in Paris. Full text...

  • Zambian currency markets re-open with depressed kwacha
    02 april 2002 12:53:00
    Lusaka- Zambia (PANA) -- Zambian money markets returned to business Tuesday after the long Easter weekend with indications the Zambian kwacha could lose considerable ground against major currencies later in the week. Full text...

  • Fake currency alert in Botswana
    13 march 2002 11:54:00
    Gaborone- Botswana (PANA) -- The Bank of Botswana has warned the public about the circulation of forged 100 Pula notes bearing serial number 0/15 999 243. Full text...

  • Zambian kwacha opens week on stronger footing
    11 march 2002 15:14:00
    Lusaka- Zambia (PANA) -- The Bank of Zambia Monday adopted some measures that it hoped would compel commercial banks to trade on their published rates, failure to which they will be expelled from the wholesale dealing window. Full text...

  • Monday's exchange rate of the Angolan Kwanza
    04 march 2002 23:33:00
    Luanda- Angola (PANA) -- Following is Monday's exchange rate of the Angolan kwanza to the world's main currencies, according to the national reserve bank, even as the American dollar traded at 35. Full text...

parcours parcours [10] [11] [12] [13] [14] [15] [16] [17] parcours parcours


xhtml CSS